Category: Outdoor

Deckers Q3 Sales Jump 57% on UGG Strength

October 25, 2007 SGB Update

Deckers Outdoor Corp. saw a 57.2% jump in third quarter sales to $129.4 million from $82.3 million last year. Diluted EPS increased 81.5% to $1.47 from 81 cents, as restated, and ahead of previous guidance of approximately $1.20. UGG sales increased 67.5%

Columbia Q3 Sales and Income Increase 4%

October 25, 2007 SGB Update

Columbia Sportswear Co.'s third quarter sales increased 4% to $471.1 million as gains in the Columbia brand and Moutain Hardware offset declines at Sorel and Montrail. Net income dropped 4% to $62.6 million, or $1.72 a share. Among categories, sales

U.K.’s M and M Direct Sold

October 25, 2007 SGB Update

M and M Direct Ltd, the online and mail order retailer of discounted lifestyle, fashion and sports apparel and footwear in the U.K., was sold to TA Associates. The buyout firm acquired the majority-owned stakes of its founders and ECI Partners. Terms of t

Ski Lake Tahoe Inks Deal with Dispatch PR

October 25, 2007 SGB Executive SGB Update

Ski Lake Tahoe selected Dispatch, a San Francisco-based marketing communications agency, for public relations services for the 2007-08 winter season. Dispatch agency founder, Eric Doyne, previously assisted the resorts with publicity efforts and will retu

Modell’s President/COO Stevenish to Retire

October 24, 2007 SGB Update

After over 43 years in the industry, Bob Stevenish, president and COO of Modell’s Sporting Goods will retire, effective February 1, 2008. CEO, Mitchell Modell will assume all of the merchandising responsibilities that formally belonged to Stevenish and be

Phoenix Footwear Realigns Management

October 24, 2007 SGB Update

Phoenix Footwear Group, Inc. said Scott Sporrer, currently the company's controller, has been appointed Interim Chief Financial Officer. as part of several management changes. Key appointments were also made in sourcing, logistics and customer serivi

Skechers USA’s Q3 Profits Climbs 11.3%

October 24, 2007 SGB Executive SGB Update

SKECHERS USA, Inc. reported a third quarter jump in net sales of 19.3% to $395.0 million from $331.1 million for the same period in 2006. Third quarter 2007 net earnings were $24.7 million versus net earnings of $22.2 million in the third quarter of the p

Heelys Expects 32% Q3 Sales Drop; To Enter Family Footwear

October 24, 2007 SGB Update

Heelys, Inc. expects net sales for the third quarter to decrease 32.4% to $49 million from $72.5 million a year ago. This marks a decrease from earlier guidance ranging from $55 million to $58 million. Earnings per diluted share is expected to be in the r

Nike Looks to Acquire Umbro for $582 Million

October 23, 2007 SGB Update

Nike has reached an agreement on an all-cash offer to acquire Umbro plc. The Board of Directors of Umbro, which is listed on the London Stock Exchange, has unanimously recommended that shareholders accept the offer of 193.06 pence, which together with the

REI Appoints Davis to Board

October 23, 2007 SGB Update

Recreational Equipment, Inc. appointed Brenda Davis to a one-year term to the company's board of directors. A lifelong conservationist and outdoor enthusiast, Davis resides in Bozeman, Mont. and is chair of The Wilderness Society, which works to save

Ocean and Earth Names Marmion U.S. General Manager

October 23, 2007 SGB Update

Ocean & Earth Products Inc., the Australian-surf brand, announced changes to several key executive roles in the U.S. and overseas in response to recent capitalization of its parent company. In the U.S., Barry Marmion was named general manager, sales, resp

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